Common use of Product Returns and Warranties Clause in Contracts

Product Returns and Warranties. There are no liabilities for product returns other than those arising in the ordinary course of business . To the best knowledge of the Seller Entities, there are no threatened claims for (i) product returns, (ii) warranty obligations or (iii) product services other than in the ordinary course of business and such as have been adequately reserved against on the Seller's books and records. No Seller Entity has made any express warranties with respect to products sold or distributed by the Seller Entities (other than passing on warranties made by the manufacturers thereof) and, to the knowledge of the Seller Entities, no other warranties have been made by their respective officers, directors, employees, consultants or agents (collectively, the "Personnel"). No Seller Entity has any knowledge of any presently existing circumstances that would constitute a valid basis for any voluntary or governmental recall of any pharmaceutical or other product sold or distributed by any Seller Entity in the course of or that relates to the Business.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Omnicare Inc), Asset Purchase Agreement (Extendicare Health Services Inc)

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Product Returns and Warranties. There To the Knowledge of Parent and Seller, there are no liabilities for product returns other than those arising in the ordinary course of business the Business consistent with past practice. To the best knowledge Knowledge of the Seller Entitiesand Parent, there are no threatened claims for (ia) product returns, (iib) warranty obligations or (iiic) product services services, other than in the ordinary course of business and such as have been adequately reserved against on the Seller's books and recordsBusiness consistent with past practice. No Seller Entity has not made any express or implied warranties with respect to products sold or distributed by the Seller Entities (other than passing on warranties made by the manufacturers thereof) and, to the knowledge Knowledge of the Seller Entitiesand Parent, no other warranties have been made by their respective the officers, directors, employees, consultants or agents of Seller (collectively, the "Personnel"). No None of Seller Entity or Parent has any knowledge Knowledge of any presently existing circumstances that would constitute a valid basis for any voluntary or governmental recall of any pharmaceutical or other product sold or distributed by any Seller Entity in the course of connection with or that relates otherwise relating to the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Standard Management Corp)

Product Returns and Warranties. There are no liabilities for product returns other than those arising in the ordinary course of business the Business. To the best knowledge of the Seller EntitiesSellers, there are no threatened claims for (ia) product returns, (iib) warranty obligations or (iiic) product services other than in the ordinary course of business and such as have been adequately reserved against on the Seller's books and recordsBusiness. No Seller Entity has made any express or implied warranties with respect to products sold or distributed by the Seller Entities Sellers (other than passing on warranties made by the manufacturers thereof) and, to the knowledge of the Seller EntitiesSellers, no other warranties have been made by their respective officers, directors, employees, consultants or agents (collectively, the "Personnel"). No Seller Entity has any knowledge of any presently existing circumstances that would constitute a valid basis for any voluntary or governmental recall of any pharmaceutical or other product sold or distributed by any Seller Entity in the course of or that relates to the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sun Healthcare Group Inc)

Product Returns and Warranties. There To the Knowledge of Parent and Seller, there are no liabilities for product returns other than those arising in the ordinary course of business the Business consistent with past practice. To the best knowledge Knowledge of the Seller Entitiesand Parent, there are no threatened claims for (ia) product returns, (iib) warranty obligations or (iiic) product services services, other than in the ordinary course of business and such as have been adequately reserved against on the Seller's books and recordsBusiness consistent with past practice. No Seller Entity has not made any express or implied warranties with respect to products sold or distributed by the Seller Entities (other than passing on warranties made by the manufacturers thereof) and, to the knowledge Knowledge of the Seller Entitiesand Parent, no other warranties have been made by their respective the officers, directors, employees, consultants or agents of Seller (collectively, the "Personnel"). No None of Seller Entity or Parent has any knowledge Knowledge of any presently existing circumstances that would constitute a valid basis for any voluntary or governmental recall of any pharmaceutical or other product sold or distributed by any Seller Entity in the course of connection with or that relates otherwise relating to the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Standard Management Corp)

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Product Returns and Warranties. There are no liabilities for product returns other than those arising in the ordinary course of business business. To the best knowledge of the Seller Entitiesor its Subsidiaries, there are no threatened claims for (i) product returns, (ii) warranty obligations or (iii) product services other than in the ordinary course of business business. None of Seller and such as its Subsidiaries have been adequately reserved against on the Seller's books and records. No Seller Entity has made any express warranties with respect to products sold or distributed by the Seller Entities or its Subsidiaries (other than passing on warranties made by the manufacturers thereof) and, to the knowledge of the Seller Entitiesor its Subsidiaries, no other warranties have been made by their respective officers, directors, employees, consultants or agents (collectively, the "Personnel")agents. No None of Seller Entity has any and its Subsidiaries have knowledge of any presently existing circumstances that would constitute a valid basis for any voluntary or governmental recall of any pharmaceutical or other product sold or distributed by any Seller Entity or its Subsidiaries in the course of or that relates to the Business.

Appears in 1 contract

Samples: Acquisition Agreement (Asiainfo Holdings Inc)

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